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Tag Archives: Al Redmer

Before reinsurance, significant premium increases sought on Md. individual market

Maryland Insurance Commissioner Al Redmer. (File)

Insurers on Maryland’s individual health exchange are proposing to raise their rates by an average of more than 30 percent, as hopes for stabilizing the market increasingly depend on the state’s application for a reinsurance program.  The increasing rates could ...

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Experts say Md.’s new reinsurance initiative a short-term fix

Maryland Insurance Commissioner Al Redmer. (File)

Gov. Larry Hogan approved one reinsurance bill adopted by the legislature and a second reinsurance bill gained final passage Thursday, but these measures likely remain short-term solutions to the state’s individual health insurance market woes. A reinsurance program will likely ...

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Md., insurers say amended rate-hike plans would have limited impact

Maryland Insurance Commissioner Al Redmer. (File)

Decisions made by the Maryland’s insurers and regulators could prevent most consumers from being significantly affected by President Donald Trump’s decision to stop paying cost-sharing reduction subsidies to insurance companies. CareFirst and Kaiser Permanente have filed amended rate requests with ...

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Significantly higher insurance premiums approved for 2018 on Md. health exchange

Maryland Insurance Commissioner Al Redmer. (File)

Marylanders insured through the individual health exchange will see substantially higher premiums in 2018, though not as high as insurers wanted, after Maryland Insurance Commissioner Al Redmer approved final rates Friday. Redmer approved average rate increases of 34.5 and 50 ...

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